Prospective buyers would do well to remember that they won’t get any closer to their goal of home ownership by annoying sellers.
This may seem an obvious point, but real estate professionals say
buyers irritate sellers time and again. Transgressions range from
failing to comply with a request to remove shoes while indoors on a
rainy day to failing to call well in advance when canceling a scheduled
walk-through.
Don’t forget that until the deal actually closes, the seller holds
the ultimate trump card: the home itself. And it’s a seller’s market
nowadays, particularly in the Bay Area, where single-family-home inventory has been constrained for the past year.
A recent article on Bankrate.com, a website that aggregates financial
data, notes that “a little give-and-take is normal, but some buyers
push the envelope, as well as the sellers’ buttons.” The article goes
on to list eight ways that homebuyers may annoy sellers and jeopardize a purchase:
Skipping appointments: Failing to show up for a
scheduled appointment, or canceling at the last minute, is simply rude;
the seller may have spent half a day making the house spic-and-span for
the visit. Unless there’s a last-minute emergency, buyers must show up
on time.
Disregarding house rules:
If you (the buyer) are touring a home, remember that it’s not yours
(yet). Take your shoes off inside, if requested, don’t let children run
amok, and respect the wishes of the seller.
Nitpicking: If you don’t like something in the
house, but it’s not a negotiable flaw, be quiet about it while touring
the property. Some sellers may secretly install cameras or microphones
to listen in on conversations, so save any catty remarks for the car
ride home.
Presenting a long list of flaws: Using a laundry
list of perceived defects as a negotiating tool could backfire and make a
seller wonder whether the buyer is seriously interested. The seller is
more concerned with the bottom line than a buyer’s critical
observations.
Requesting multiple visits: As a sale approaches
closing, sellers are busy making repairs, packing up, and moving. They
don’t have time to accommodate a buyer’s repeated requests to come in,
look around, and ruminate on future plans.
Renegotiating after reaching a deal: Barring any surprises from a home inspection, the negotiated price should be the final price.
Generating ‘iffy’ commitment letters: You can
understand where a seller would get nervous if, after an agreement has
been reached, the buyer’s lender steps in with a letter asking the buyer
to confirm his or her credit-worthiness. Save everyone a panic attack
by securing the loan beforehand.
Speeding up the closing date: It’s understandable
that an anxious buyer may want to move up the closing date, but the
seller needs time to pack up and move out. An extra ounce of courtesy is
always appreciated.
(Image: Flickr/Pall Spera Co.)
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